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Carolina Beach Boardwalk Redevelopment Opportunity
For Sale
$750,000

12 Pavilion, Carolina Beach, NC 28428

Vacant boardwalk property with redevelopment potential in Carolina Beach, NC.

Property SizeContact for details
Lot Size0.04 Acres
Days on Market369

Property Features for 12 Pavilion

General Information

Standard status Active
Lot size 0.04 Acres
Property subtype Commercial

Amenities

Electric Heating
Heating Heating

Building Details

Year Built 1950
Listing Agency: EASTERN CAROLINAS COMMERCIAL REAL ESTATE
Listed By: DAVID D BRANTON · License #284946
Source: Corcoran
Added: Aug 14, 2025 Changed: Aug 16 Last Checked: Aug 16 at 10:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EASTERN CAROLINAS COMMERCIAL REAL ESTATE

Investment Insights

Based on property information with market context.

This Carolina Beach boardwalk property, currently vacant, presents a redevelopment opportunity. The property encompasses 0.04 acres, equivalent to 1,742 square feet, with the existing building measuring approximately 1,342 square feet. The property line extends slightly beyond the current structure, allowing for potential expansion of the square footage in any redevelopment plans. Renderings of potential two- and three-story designs for redevelopment are available from the sellers. The current usable square footage is 1,342. The property is located within the Central Business District, and the Town of Carolina Beach zoning ordinance outlines permitted uses. The property offers possibilities for short-term business operations or renovation into a mixed-use, three-story building with ocean views. The property was previously tenanted, and that tenant vacated at the end of the lease term. The seller may consider a long-term lease, but the primary objective is to sell the asset. There are no owners' dues or association fees for the property.

Key Highlights

  • Prime boardwalk location in Carolina Beach.
  • Redevelopment potential with possible expansion. Property line extends beyond the existing structure.
  • Potential for mixed‑use, three‑story building with ocean views.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Auto Parts Store Electrical Service Building Supply Storage Facility Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 28% Hotels & Casinos 27%
McDonald's Dining
11,033 visits/mo 0.1 miles
Hampton Inn & Suites Carolina Beach Oceanfront Hotels & Casinos
8,738 visits/mo 0.1 miles
Exxon Shops & Services
7,956 visits/mo 0.5 miles
El Cazador Dining
7,849 visits/mo 0.1 miles
Courtyard Carolina Beach Oceanfront Hotels & Casinos
5,394 visits/mo 0.1 miles

Demographics for 28428, NC

6,848
Population
6,268
Households
1.1
Avg Household Size
51
Median Age
48%
College-Educated
98%
High-School Grad
5.2 sq mi
ZIP Area
1,317
Density / Sq Mi
$87,670
Median Household Income
$41,138
Median Earnings
$1,515
Median Rent
$490,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • The Pearl & The Petal 112 Cape Fear Blvd, Carolina Beach, NC 28428

Frequently Asked Questions

What type of property is this?
Storefront property - Vacant boardwalk property with redevelopment potential in Carolina Beach, NC.
Where is this storefront property located?
The property is located at 12 Pavilion Carolina Beach, NC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Prime boardwalk location in Carolina Beach.; Redevelopment potential with possible expansion. Property line extends beyond the existing structure.; Potential for mixed‑use, three‑story building with ocean views.
More about this property
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